Lres-uk Ltd

Lres-uk Ltd is a small, active family business based in Sheffield, UK, established thirteen years ago in 2012. With 28 employees and £2,037,221 in assets, the company operates from a real address and is managed by six directors and two owners. It’s a regular importer and exporter of electrical machinery and equipment, with 23 months of import activity and 15 months of export activity, the latest operations occurring in November 2024. The company works in the treatment and disposal of non-hazardous waste industries.

The company’s website showcases a range of industrial cleaning and rescue services, catering to sectors like energy from waste, oil & gas, and foundries. It offers on-site teams, rope access, confined space rescue, and even specialized services like grit blasting and tank silo cleaning. The site emphasizes high-quality service, a strong health and safety record, and a focus on customer service. It's clear that Lres-uk Ltd isn’t just about cleaning; it’s a provider of critical industrial support services.

Financially, Lres-uk Ltd shows a mixed picture. While average number of employees increased by 25%, to 35, cash reserves took a hit, dropping 50% to £97,000. Bank borrowings decreased by 36%, to £19,000, and current assets rose by 7.3%, to £2,000,000. However, net assets remained stable at £1,300,000. Trade creditors increased by 18%, to £53,000, which could indicate increased reliance on supplier credit. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, suggesting the accounts are unaudited.

Overall, Lres-uk Ltd appears to be a stable, albeit slightly cash-strapped, business. Its diverse range of industrial services and focus on specialized support positions it well within its chosen markets, but the decrease in cash reserves warrants monitoring.

Registered in England/Wales under the registration number 07980124, with a registered address at S3 8DD, England, Sheffield, 44 Wilson Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.